Monetization Procedure Explanation

1) Your SBLC will be sent direct to Monetizer through MT799 and MT760 by
the Instrument PROVIDER to whom you will send your LOI.

2) You have to send duly filled in Provisional Non-Recourse Monetizing

Agreement draft along with a copy of your LOI to SBLC Provider.

3) Monetizer will countersign it with his banking details and his required
SBLC Verbiage. LTV will be 43%. He will remit this 43% as per your
instructions in your signed Agreement.

4) You put this Monetizer information in your LOI to the Instrument Provider.
Your SBLC-Receiving Bank will be that of Monetizer Bank in your LOI and
the required SBLC Verbiage for MT760 in the LOI will be what Monetizer
will send you in his countersigned Agreement.

5) If Provider countersigns your Contract, please send banking details of

Provider and of the Consultants to the Monetizer. He will send you a Final
Monetizing Agreement showing details how much percentage will be paid to
whom out of 43%, as per your instructions in the Agreement.

6) Then please request your Provider to send MT799 direct to Monetizer bank
as mentioned in your LOI.

6) Monetizer will respond by ICBPO or Payment Undertaking by MT799, OR

respond his ACCEPTANCE by his counter MT799, whichever is required by
the Issuing Bank in its MT799 Pre-Advice.

7) Issuing Bank will send MT760 SBLC to Monetizer Bank

8) Monetizer will remit XXXXXXX SBLC cost to Provider bank and all
commissions to Consultants’ or Brokers’ banking coordinates as per the
Contract signed by the Instrument Provider.

9) Monetizer will send balance amount to the client and his Consultants, if
any, after paying SBLC cost as per your information in the Final Agreement..